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Single Family ResidenceResidential
$95,000$48 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $65,450 on Aug 4, 2026

1957 MADISON LN

GARY, IN 46407
3
Beds
1
Baths
1,998 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.
Pre-foreclosure (NOS)A foreclosure notice on this home is currently active. Many are worked out before any auction happens.
Auction scheduled for Jul 9, 2026.

Valuation

$95K
$82K low$108K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$65,450 · Aug 4, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$700 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$80,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$71,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$72,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$80,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.9 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLAKE
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Alley

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(4)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Beveridge Elementary SchoolF
Elementary · Grades KG–5 · 1.2 mi
H
West Side Leadership Academy
High · Grades 9–12 · 3.5 mi
M
Gary Middle School for the Visual and Preforming ArtsF
Middle · Grades 6–8 · 5.3 mi

District: Gary Community School Corporation

Neighborhood · ZIP 46407These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.179
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.69%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.4%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.35%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.9,211
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,102 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$32,423
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$43,372
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1957 Madison Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Lake County
  • Costs less per square foot than 94% of homes in Lake County
  • Bigger than 82% of homes in Gary 46407
  • Has a bigger lot than 91% of homes in Gary 46407
  • Newer than 90% of homes in Gary 46407

What homes are worth in Gary 46407

Each bar is how many homes fall in that price range. The marker is this home.

This home
$18K$198K

This home is worth more than 81% of homes in Gary 46407.

How it measures up in Gary 46407

The dot is this home. The mark in the middle is the typical home in Gary 46407.

Estimated value$95,000
CheaperTypical $59,024Pricier

Pricier than 81% of homes nearby

Price per ft²$48
CheaperTypical $50Pricier

Pricier than 47% of homes nearby

Living area1,998 ft²
SmallerTypical 1,332 ft²Bigger

Bigger than 82% of homes nearby

Lot size0.18 ac
SmallerTypical 0.11 acBigger

Bigger than 91% of homes nearby

Year built1961
OlderTypical 1949Newer

Newer than 90% of homes nearby

How 1957 Madison Ln ranks against every home in each area.
MeasureThis homeGary 46407Lake County
Estimated valuepricier than$95,00081% of homes11% of homes
Price per ft²pricier than$4847% of homes6% of homes
Living areabigger than1,998 ft²82% of homes61% of homes
Lot sizebigger than0.18 ac91% of homes44% of homes
Year builtnewer than196190% of homes49% of homes

About 1957 Madison Ln

How much is 1957 Madison Ln, Gary, IN worth?

The TopHap Estimate for 1957 Madison Ln, Gary, IN is $95,000 as of Oct 21, 2026. The likely range is $82,411 to $107,589. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1957 Madison Ln, Gary, IN last sell?

1957 Madison Ln, Gary, IN last sold on Aug 4, 2026 for $65,450, according to the county's recorded deed.

How big is 1957 Madison Ln, Gary, IN?

1957 Madison Ln, Gary, IN has 3 bedrooms, 1 bathrooms, 1,998 square feet of living space and a 0.17-acre lot.

When was 1957 Madison Ln, Gary, IN built?

1957 Madison Ln, Gary, IN was built in 1961, making it 65 years old. The building has 1 story.

What schools serve 1957 Madison Ln, Gary, IN?

1957 Madison Ln, Gary, IN is assigned to Beveridge Elementary School (elementary), rated F; West Side Leadership Academy (high); Gary Middle School for the Visual and Preforming Arts (middle), rated F. All sit in Gary Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1957 Madison Ln, Gary, IN compare to other homes in Gary 46407?

Among the 4,559 homes in Gary 46407, it is worth more than 81% of them ($95,000 against a typical $59,024), its price per square foot is higher than 47% of them ($48 against a typical $50), it is bigger than 82% of them (1,998 ft² against a typical 1,332 ft²), its lot is bigger than 91% of them (0.18 ac against a typical 0.11 ac) and it is newer than 90% of them (1961 against a typical 1949). Measured against all of Lake County, it is worth more than 11% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1957 Madison Ln, Gary, IN?

The 2024 property tax bill for 1957 Madison Ln, Gary, IN was $700. The county assessed it at $80,500.

More homes on Madison Ln

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Assigned schools

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